Construction & Real Estate

Construction & Real Estate

Volvo CE plans to set up dedicated mining entity

Mon, 19 Oct 2026

Volvo Construction Equipment (Volvo CE) has announced plans to create a dedicated mining entity to strengthen its position in this sector. With this move, Volvo Mining will have a single, integrated business structure that will handle sales of Volvo trucks, construction equipment and autonomous solutions to mining customers.

Construction & Real Estate

ALEC teams up with EAD for Abu Dhabi mangrove restoration project

Mon, 19 Oct 2026

Dubai-based ALEC Engineering and Contracting has signed an agreement with the Environment Agency – Abu Dhabi (EAD) to support a first-of-its-kind mangrove hydrological restoration pilot in the UAE capital. The three-year project aims to strengthen the long-term health and resilience of Abu Dhabi’s mangroves.

Construction & Real Estate

Blue Rhine Industries lands LED screens contract for $1.7bn Sphere Abu Dhabi

Mon, 19 Oct 2026

UAE-based Blue Rhine Industries has announced that it has secured the contract from ALEC Engineering and Contracting for the installation and commissioning of LED screens that make up the immense Exosphere, a fully programmable exterior display at the $1.7 billion Sphere Abu Dhabi development.

Construction & Real Estate

British group VerbaFlo to bring AI-powered leasing to UAE property operators

Mon, 19 Oct 2026

Dubai-based Seed Group has entered into a strategic partnership with London-based VerbaFlo to introduce its AI-powered leasing and resident communications to property operators in the UAE. VerbaFlo already works with established British operators, including Homes for Students, Moda Living, Fusion Students and Downing.

Construction & Real Estate

Alandalus Property unit buys prime warehouse plots in Riyadh

Mon, 19 Oct 2026

Saudi-based Alandalus Property has announced that its key subsidiary, Marafiq Alandalus Allujistiyah, has acquired a prime plot of land spanning 44,550 sq m within the Al Mashael District in Riyadh. This land will be used for the development of logistics warehouses and other associated facilities.

Construction & Real Estate

Dubai Municipality completes projects worth $440m in 2026

Mon, 19 Oct 2026

Dubai Municipality has completed over 107 projects worth AED1.6 billion ($440 million) in 2026, marking a significant milestone in the continued development of the emirate's public and community spaces.

Construction & Real Estate

Dubai's real estate investments hit $185bn in 2025, says report

Sun, 18 Oct 2026

The value of Dubai's real estate investments has grown steadily over the past few years, rising nearly five-fold from AED148 billion ($40.2 billion) in 2021 to more than AED680 billion ($185 billion) in 2025, said a leading UAE brokerage, adding the number of investments have jumped from 72,000 to 259,000 over the period.

Construction & Real Estate

GCC industrial investments hit $426bn across nearly 22,000 factories

Sun, 18 Oct 2026

The GCC countries have built an investment base of $426 billion across nearly 22,000 factories, contributing 13% of regional GDP in 2025, said a report. About 40% of the industrial investments are concentrated in key sectors such as plastics, refined petroleum products, aluminium and iron and steel.

Construction & Real Estate

Dubai International Project Management Forum to kick off in January

Sun, 18 Oct 2026

Global business leaders, government officials, project management specialists from across the globe will be at the Dubai International Project Management Forum to exchange knowledge, showcase pioneering experiences and shape innovative perspectives that help advance project planning and delivery.

Construction & Real Estate

Forbes unveils Middle East sustainability leaders list for 2026

Sun, 18 Oct 2026

Forbes has unveiled the fourth edition of its annual ranking - The Middle East’s Sustainability Leaders 2026 - recognising 145 executives advancing the region’s transition to a more low-carbon economy. The list spans 17 key sectors including real estate and construction, oil and gas, banks, logistics and tourism.